ABM Industries: Fiscal Q1 Earnings Snapshot
By AP News
Published - Mar 07, 2024, 07:09 AM ET
Last Updated - Mar 07, 2024, 07:09 AM EST
NEW YORK (AP) — NEW YORK (AP) — ABM Industries Inc. (ABM) on Thursday reported fiscal first-quarter earnings of $44.7 million.
The New York-based company said it had profit of 70 cents per share. Earnings, adjusted for non-recurring costs, came to 86 cents per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share.
The provider of cleaning and other maintenance services for commercial buildings, hospitals and airports posted revenue of $2.07 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $2.01 billion.
